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Introduction to Linux - A Hands on Guide

This guide was created as an overview of the Linux Operating System, geared toward new users as an exploration tour and getting started guide, with exercises at the end of each chapter.
For more advanced trainees it can be a desktop reference, and a collection of the base knowledge needed to proceed with system and network administration. This book contains many real life examples derived from the author's experience as a Linux system and network administrator, trainer and consultant. They hope these examples will help you to get a better understanding of the Linux system and that you feel encouraged to try out things on your own.

So I am thinking about getting something that is cheaper energy wise and would like some recommendations.

Here is what I have right now (I picked this up for $30 just to test the waters):
Dell Precision 670, 650 W power supply, Xeon Processor, 2GB RAM
Has SCSI Raid 0 & 1
Has SATA 1.5 Raid 0 & 1

I liked the idea of putting the OS and webpages on the SCSI, having it on a RAID in case of failure and putting my less accessed, more numerous files on the larger SATA drives. But is there a better, newer, smaller, cheaper way?

What will my server be used for? It will serve files to family members as we organize pictures, music, etc. Maybe 5-10 people may have access via SSH. It will also serve as a wiki for organizing some research projects using mediawiki, again 5-10 people. I will also be using it for my own personal web development projects. 95% of the activity for the machine will hopefully take place remotely, that last 5% will just be me backing up the machine locally and for other maintenance items, hard drive failures... :-(

So what am I asking for in general? How much does it cost to run a personal server, electricity wise, per month? Also, does anyone have a cheaper recommendation then this Dell that will give me a reliable

PS: I'm a newbie at this, so there may be dedicated server options that may solve my problems, but I like the challenge of building this server and having my own little space on the internet to do things, 24/7. Plus I have learned a great deal over the past week, and would like to continue to learn more about linux.